Iluka, Metalysis and the zero-value question

Even if it is an accounting decision to comply with rules governing investments, there is something unsettling about writing down the value of an asset to zero. This is what one of the biggest shareholders has done with its stake in the metal-technology business Metalysis.

Iluka, Metalysis and the zero-value question

Even if it is an accounting decision to comply with rules governing investments, there is something unsettling about writing down the value of an asset to zero. This is what one of the biggest shareholders has done with its stake in the metal-technology business Metalysis.

Acclaimed as one of Britain's leading developers of mineral processing science, Rotherham-based Metalysis is commercialising a technology invented at Cambridge University that uses an electrolytic process to reduce metal oxides and ores into pure metal and alloys.